Germany is weighing the prospect of expropriating or nationalizing local subsidiaries of Russian energy majors Gazprom and Rosneft due to concerns over energy security amid anti-Russia sanctions and Moscow’s demand for gas payments in rubles.

The London Metal Exchange (LME) has suspended deliveries of some Russian metals to its warehouses amid a recent import duty hike. The move was announced by the exchange earlier on Friday. “Following the announcement by the UK of an additional 35% duty on imports of Russian copper, lead, primary aluminum and aluminum alloys, this notice…

Berlin has reportedly okayed the potential shipment of dozens of Czech-owned Soviet-era armored vehicles to Kiev Germany has given the green light to supply 58 PbV-501 (BMP-1) infantry fighting vehicles (IVFs) to Ukraine, a spokesman for the Defense Ministry told the Welt newspaper, on Friday. While the vehicles are currently owned by a Czech firm, any…